Commerce Certifies Systems for Steel Tariff Collections
Published Date: 3/14/2025
Notice
Summary
The U.S. government is ready to collect new tariffs on steel and aluminum imports, following the President’s February 2025 orders. This means importers of these metals will face updated fees, and the government has confirmed its systems can handle the changes quickly and smoothly. These tariffs start soon, so businesses should prepare for the new costs and rules.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Aluminum imports now subject to duties
On February 10, 2025, the President issued Proclamation 10895 imposing specified rates of duty on imports of aluminum. The Secretary of Commerce certified that adequate systems are in place to fully, efficiently, and expediently process and collect tariff revenue for all aluminum articles and derivative aluminum articles in Annex 1 to Proclamation 10895 that are outside Chapter 76 of the Harmonized Tariff Schedule of the United States.
Steel imports now subject to duties
On February 10, 2025, the President issued Proclamation 10896 imposing specified rates of duty on imports of steel. The Secretary of Commerce certified that adequate systems are in place to fully, efficiently, and expediently process and collect tariff revenue for all steel articles and derivative steel articles in Annex 1 to Proclamation 10896.
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Key Dates
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